Emas Offshore closes in on another rescue deal

Capt. John

Offshore vessel operator Emas Offshore, part of Singapore’s Ezra Holdings, has entered into a non-binding term sheet with Udenna Corporation as part of the financial restructuring of the group. Dennis Uy-led Udenna, based in the Philippines, is the parent company of Pheonix Petroleum and Chelsea...

https://splash247.com/emas-offshore-closes-in-on-another-rescue-deal/

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